NOT LISTED FOR SALE

Estimated Value: $495,774 - $635,000

2 Beds
2.5 Baths
1,387 Sq Ft
$331/mo HOA Fee

Last Sold March 23, 2021

Last sale price $387,000 $279 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,684/month

69 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • Palm Springs High School Rated A-
  • Two Primary Bedrooms
  • Open Floorplan

About This Home

As of March 2021

Enjoy your luxurious, modern Palm Springs retreat just minutes from all the best restaurants and shopping in downtown Palm Springs! In the gated community of Palermo, this end unit is on one of the largest lots and has wonderful mountain views. With 2 bedrooms and 3 bathrooms, this 1,387 sq ft condo features an open floor plan, nearly 20' high ceilings, and floor-to-ceiling windows that make it light and bright. You'll appreciate the sleek concrete floors throughout the main living space and the modern kitchen with granite countertops and a gas cooktop. It's perfect for entertaining friends and family. The spacious master bedroom features a walk-in closet, ensuite bath with a tile shower, and double vanities. The guest bedroom, with its own ensuite bath, can serve as a second master. An outdoor patio connects both bedrooms and the upstairs loft is perfect for a home office or den. You'll love relaxing in the private, low-maintenance back yard, and there's room for a small pool or spa. The home has an attached one-car garage with direct access. Low HOA fees include a clubhouse, Olympic-size pool, spa, and gym. And you own the land! This home is perfect for a full-time residence or winter getaway.

Last Agent to Sell the Property

Dan Hamilton

Coldwell Banker Realty License #01923960 Listed on: 12/22/2020

Coldwell Banker Realty

Last Buyer's Agent

Keith Markovitz

Compass License #01327863

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,731

Year Built

  • Built in 2007

Lot Details

  • End Unit
  • Home has North and South Exposure
  • Block Wall Fence
  • Landscaped
  • Back Yard

HOA Fees

  • $331 Monthly HOA Fees

Property Views

  • Mountain
  • Desert

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Split Level Home
  • Flat Roof Shape
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,387 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Living Room
  • Dining Area
  • Storage

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Retreat
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 669721045

Community Details

Overview

  • Association fees include building & grounds, trash, maintenance paid, insurance, clubhouse
  • Palermo Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse
  • Billiard Room
  • Community Mailbox

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,731

Year Built

Built in 2007

Lot Details

0

HOA Fees

$331 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces South, Leisure Faces North
  • Levels: Multi/Split, Two
  • Building Style: Contemporary, Modern
  • Entry Location: Ground Level - No Steps
  • Included In Sale: All kitchen appliances.
  • List Price per Sq Ft: 270.37
  • Lp Sp Ratio: 1.0300
  • View Type: Desert, Mountain(s)
  • Year Built: 2007
  • Listing I D: 219054755
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Office Address: 74-199 El Paseo, Suite 200, Palm Desert, CA 92260
  • Selling Office Fax: (949) 335-7281
  • Land Type: Fee
  • Subdivision: Palermo
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave Oven, Stackable W/D Hookup, Refrigerator, Disposal
  • Interior Amenities: High Ceilings (9 Ft+), Storage, Recessed Lighting, Open Floorplan
  • Flooring: Carpet, Tile, Concrete
  • Bedroom Features: 2 Master Bedrooms, Walk In Closet, Master Retreat, All Bedrooms Up
  • Total Bedrooms: 2
  • Bathroom Features: Double Vanity(s), Tile Shower, Shower & Tub, Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Kitchen Features: Granite Counters, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 1387.00
  • Windows Treatments: Double Pane Windows, Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: End Unit
  • Roofing: Flat
  • Fencing: Block
  • Foundation: Slab
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Garage Door Opener, Direct Entrance, Guest
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Card/Code Access, Gated Community, Community
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Water Heater Unit

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash, Maintenance Paid, Insurance, Clubhouse
  • Association Amenities: Billiard Room, Maintenance Grounds, Guest Parking, Fitness Center, Clubhouse, Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 331.00
  • Total Monthly Association Fees: 331.00
  • Unit Location: End Unit

Lot Info

  • Assessor Parcel Number: 669721045
  • Lot Description: Back Yard, Landscaped, Fenced
  • Lot Size: 1191.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2020
Closed on
Feb 25, 2021
Sold by
Chin Sam K and Chin Elaine G
Bought by
Brisendine Gregory Errol
Seller's Agent
Dan Hamilton
Coldwell Banker Realty
Buyer's Agent
Keith Markovitz
Compass
List Price
$375,000
Sold Price
$387,000
Premium/Discount to List
$12,000
3.2%
Current Estimated Value
$542,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,194
Avg. Annual Appreciation
6.56%
Original Mortgage
$290,250
Outstanding Balance
$260,779
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$254,938

Purchase Details

Closed on
Oct 22, 2007
Sold by
Ps Venture Indian Canyon/San Rafael Llc
Bought by
Chin Sam K and Chin Elaine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.27%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brisendine Gregory Errol $387,000 Equity Title Orange County
Chin Sam K $430,500 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brisendine Gregory Errol $290,250
Previous Owner Chin Sam K $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $387,000 +3.2% $279 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $375,000 0.0% $270 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
12/22/2020 12/22/20 For Sale $375,000 0.0% $270 / Sq Ft
06/15/2016 06/15/16 Rented $1,685 0.0% --
06/14/2016 06/14/16 Under Contract -- -- --
06/01/2016 06/01/16 For Rent $1,685 -- --
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,731 $418,899 $48,709 $370,190
2023 $5,731 $402,634 $46,818 $355,816
2022 $5,799 $394,740 $45,900 $348,840
2021 $5,219 $353,496 $88,374 $265,122
2020 $4,640 $321,360 $80,340 $241,020
2019 $4,522 $312,000 $78,000 $234,000
2018 $4,364 $300,000 $75,000 $225,000
2017 $4,029 $273,000 $68,000 $205,000
2016 $3,922 $268,000 $67,000 $201,000
2015 $3,817 $268,000 $67,000 $201,000
2014 $3,657 $254,000 $63,000 $191,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219054755

California Desert Association of REALTORS®

APN: 669-721-045